Indian Banking system

Indian banking system safe and stable, no need to panic: RBI

The Reserve Bank of India (RBI) has assured the general public that the Indian banking system is safe and stable and there is no need for panic based on rumours. 

Oct 02, 2019, 07:42 AM IST

Banks may remain shut for five days due to strikes, holidays

In the wake of strikes and holidays, the banks will remain closed from next Friday to Wednesday, except Monday and the banking services could adversely be affected on these days.

Dec 19, 2018, 19:24 PM IST

Ready to be 'Neelakantha', drink poison to clean the banking system: RBI Governor Urijit Patel

RBI Governor Urijit Patel has said that he will do everything possible to clean the scam-hit Indian banking system.

Mar 15, 2018, 07:59 AM IST

PNB fraud: Arun Jaitley rules out privatisation of state-run lenders

FM Jaitley said that the Indian political opinion may not find favour with this idea itself as it's a very challenging decision.

Feb 24, 2018, 22:08 PM IST

Know what happens to fixed deposits if your bank shuts down

One of the major reasons why our parents and many in our generation would like to have this investment pool, is because of it's safety features.

Jan 11, 2018, 18:16 PM IST

Ransomware WannaCry to attack Indian banking system soon

Despite downplay of rasomware WannaCry`s impact by the Centre; IT experts have cautioned users that the number of effected organizations is expectedly to rise rapidly.

May 16, 2017, 11:47 AM IST

Indian banks will get more resilient despite bad debt: Moody's

Out of 16 banking systems in the Asia-Pacific for which Moody's has an outlook in place, 13 have stable and three have negative.

Dec 14, 2015, 16:19 PM IST

India on marathon path; markets don't need steroids: Kotak

Kotak also said that one of the biggest challenges today was the history of excessive leverage by India Inc.

May 31, 2015, 14:58 PM IST

RBI issues framework for leverage ratio for banks

The Reserve Bank on Thursday issued a framework for leverage ratio in line with Basel III norms to enable banks to strengthen risk management system and avert any possible crisis.

Jan 08, 2015, 19:45 PM IST

'Inter-connectedness exposes banking system to contagion risk'

The Indian banking system faces a possible contagion risk in case of trouble at one bank given the inter-connectedness between some lenders, the Reserve Bank said Monday.

Dec 29, 2014, 20:05 PM IST

PSU banks account for over 90% of total bad loans in FY'14

Private sector banks had gross NPAs of Rs 22,738 crore as of March 31, 2014.

Nov 25, 2014, 20:43 PM IST